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Hyundai India Starts $3.3 Billion IPO in Country’s Largest Ever Share Sale
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that wil
New Energy Vehicles
France Plans to Cut Assistance for EV Purchases by Third, Toughen Penalties on Some Vehicles
A Renault Megane E-Tech 100% Electric car is displayed Renault Group capital market day for its new electric vehicle unit Ampere, in Paris, France, November 15,
New Energy Vehicles
JLR to Pump 500 Mln Pounds to Upgrade EV Factory
The Jaguar Land Rover logo is seen at a dealership in Milton Keynes, Britain, June 1, 2020. REUTERS/Andrew Boyers/File Photo Purchase Licensing RightsJaguar Lan
New Energy Vehicles
BYD Prepares to Unleash Its Second 7,000-Car Carrier to Fuel Its Global EV Expansion
A second car carrier is ready to embark as BYD looks to continue its dominant global expansion. BYD’s new vessel is the second of seven that will hit the
New Energy Vehicles
Tesla Cybertruck Deliveries Start in Mexico, in a Month in Canada
Tesla Cybertruck deliveries are starting in Mexico this week and the automaker says that Canada should follow in about a month.Drone flyovers of Gigafactory Tex
New Energy Vehicles
China’s BYD Plans Car Plant in Karachi as Part of Pakistan Entry
An attendee takes photos of the Chinese electric vehicle BYD models on display, during an event to announce the plans to open a car production plant in Pakistan
New Energy Vehicles
Tesla Launches Cybertruck in Canada, and It’s Pricey
Tesla has launched the Cybertruck in Canada, and the prices are going to make people think twice about buying the truck they have been waiting for for years.Jus
New Energy Vehicles
EVs and PHEVs Outsell Gas Cars in China for the First Time
EVs and PHEVs made up a record half of car sales in China in July, the first time this milestone was achieved in the world’s largest auto market.Sales of
New Energy Vehicles
NIO (NIO) Crosses the 20,000 EV Delivery Mark for the Third Straight Month in July
China’s NIO (NYSE: NIO) crossed the 20K delivery threshold for the third straight month in July. Despite intensifying competition, NIO continues to see st
New Energy Vehicles
Tesla and BYD Are Dominating the Global Electric Vehicle Market
Tesla's gross margin has been declining every quarter since Q1 2022, but it still maintains the largest BEV market share globally.BYD is hot on Tesla's
New Energy Vehicles
Tesla Increases Model S and Model X Prices
Tesla has increased Model S and Model X prices by $2,000 across the board. Interesting move has sales are collapsing.As we recently reported, Tesla Model S/X sa
New Energy Vehicles
Tesla Claims a 95% Automated Production at Gigafactory Shanghai
Tesla claims that it is now achieving 95% automated production at Gigafactory Shanghai with recent updates.While Elon Musk disbanded Tesla’s PR team in th
New Energy Vehicles
BYD Becomes the Largest Manufacturer of Electric Vehicles
BYD surpasses Tesla to become the world’s largest electric car manufacturer in the global automobile industry.BYD, Chinese electric car manufacturer, surp
New Energy Vehicles
Tesla Cybertruck Drove Us EV Prices Higher in June
EV prices are trending slightly higher in June because of Tesla Cybertruck sales, reports Kelley Blue Book.In June, the average price for a new EV was $56,371,
New Energy Vehicles
Biden-Harris Administration Announces Nearly $2 Billion to Support American Auto Workers, Convert Facilities for Electric Vehicles
As part of President Biden's Investing in America agenda, the U.S. Department of Energy (DOE) today (July 11) announced $1.7 billion to support the conversi
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